Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 53.09% is in line with its 5-year average of 48.55%, near the high end of its 5-year range (40.35%–53.53%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.47% above its 12-month average of 52.84%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
53.09%
GROSS MARGIN AVG TTM
52.84%
GROSS MARGIN AVG 3Y
51.81%
GROSS MARGIN AVG 5Y
48.55%
GROSS MARGIN AVG 10Y
45.59%
GROSS MARGIN AVG 15Y
42.34%
GROSS MARGIN AVG 20Y
40.65%
CURRENT VS TTM AVG
+0.47%
CURRENT VS 3Y AVG
+2.46%
CURRENT VS 5Y AVG
+9.35%
CURRENT VS 10Y AVG
+16.44%
CURRENT VS 15Y AVG
+25.40%
CURRENT VS 20Y AVG
+30.60%
SECTOR MEDIAN · INDUSTRIALS
32.54%
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+63.16%
vs the sector median at left
Emerson Electric Co.
Market Cap
$83.25B
Gross Margin
53.09%
TTM Avg
52.84%
3Y Avg
51.81%
5Y Avg
48.55%
Market Cap
$82.75B
Gross Margin
50.67%
TTM Avg
50.29%
3Y Avg
49.19%
5Y Avg
48.26%
Market Cap
$81.62B
Gross Margin
44.16%
TTM Avg
43.88%
3Y Avg
42.30%
5Y Avg
41.61%
Market Cap
$78.26B
Gross Margin
46.67%
TTM Avg
52.01%
3Y Avg
51.86%
5Y Avg
53.71%
Market Cap
$89.40B
Gross Margin
18.08%
TTM Avg
18.42%
3Y Avg
19.11%
5Y Avg
20.03%
Market Cap
$76.90B
Gross Margin
44.21%
TTM Avg
42.87%
3Y Avg
42.87%
5Y Avg
42.52%
Market Cap
$76.67B
Gross Margin
36.57%
TTM Avg
37.70%
3Y Avg
37.47%
5Y Avg
36.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emerson Electric Co. (EMR) | $83.25B | 53.09% | 52.84% | 51.81% | 48.55% |
| Cintas Corporation (CTAS)vs › | $82.75B | 50.67% | 50.29% | 49.19% | 48.26% |
| Illinois Tool Works Inc. (ITW)vs › | $81.62B | 44.16% | 43.88% | 42.30% | 41.61% |
| Cummins Inc. (CMI)vs › | $87.34B | 25.39% | 25.02% | 24.55% | 24.43% |
| Vertiv Holdings Co (VRT)vs › | $87.38B | 37.52% | 34.36% | 31.41% | 30.67% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.26B | 46.67% | 52.01% | 51.86% | 53.71% |
| United Parcel Service, Inc. (UPS)vs › | $89.40B | 18.08% | 18.42% | 19.11% | 20.03% |
| Canadian National Railway Company (CNI)vs › | $76.90B | 44.21% | 42.87% | 42.87% | 42.52% |
| Honeywell International Inc. (HON)vs › | $76.67B | 36.57% | 37.70% | 37.47% | 36.30% |
| Northrop Grumman Corporation (NOC)vs › | $75.98B | 20.06% | 20.09% | 19.32% | 19.66% |
Gross Margin
53.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 53.09% |
| 2025-12-31 | 53.18% |
| 2025-09-30 | 51.88% |
| 2025-06-30 | 52.56% |
| 2025-03-31 | 53.50% |
| 2024-12-31 | 53.53% |
| 2024-09-30 | 51.33% |
| 2024-06-30 | 52.83% |
| 2024-03-31 | 52.19% |
| 2023-12-31 | 46.54% |
| 2023-09-30 | 49.19% |
| 2023-06-30 | 50.53% |
| 2023-03-31 | 47.95% |
| 2022-12-31 | 48.03% |
| 2022-09-30 | 43.23% |
| 2022-06-30 | 45.77% |
| 2022-03-31 | 44.85% |
| 2021-12-31 | 44.84% |
| 2021-09-30 | 40.35% |
| 2021-06-30 | 42.20% |
| 2021-03-31 | 42.02% |
| 2020-12-31 | 41.41% |
| 2020-09-30 | 41.29% |
| 2020-06-30 | 41.34% |
| 2020-03-31 | 42.05% |
| 2019-12-31 | 42.38% |
| 2019-09-30 | 42.81% |
| 2019-06-30 | 42.72% |
| 2019-03-31 | 42.12% |
| 2018-12-31 | 42.46% |
| 2018-09-30 | 42.25% |
| 2018-06-30 | 43.58% |
| 2018-03-31 | 42.77% |
| 2017-12-31 | 42.30% |
| 2017-09-30 | 40.68% |
| 2017-06-30 | 41.54% |
| 2017-03-31 | 43.56% |
| 2016-12-31 | 42.44% |
| 2016-09-30 | -116.33% |
| 2016-06-30 | 43.36% |
| 2016-03-31 | 43.08% |
| 2015-12-31 | 42.37% |
| 2015-09-30 | 40.73% |
| 2015-06-30 | 40.60% |
| 2015-03-31 | 40.11% |
| 2014-12-31 | 40.81% |
| 2014-09-30 | 42.44% |
| 2014-06-30 | 41.79% |
| 2014-03-31 | 41.21% |
| 2013-12-31 | 39.89% |
| 2013-09-30 | 41.16% |
| 2013-06-30 | 40.48% |
| 2013-03-31 | 39.82% |
| 2012-12-31 | 39.74% |
| 2012-09-30 | 41.03% |
| 2012-06-30 | 40.53% |
| 2012-03-31 | 39.47% |
| 2011-12-31 | 38.71% |
| 2011-09-30 | 39.57% |
| 2011-06-30 | 39.73% |
| 2011-03-31 | 39.39% |
| 2010-12-31 | 39.08% |
| 2010-09-30 | 42.19% |
| 2010-06-30 | 39.95% |
| 2010-03-31 | 39.63% |
| 2009-12-31 | 38.69% |
| 2009-09-30 | 38.11% |
| 2009-06-30 | 36.10% |
| 2009-03-31 | 36.11% |
| 2008-12-31 | 36.86% |
| 2008-09-30 | 36.95% |
| 2008-06-30 | 36.74% |
| 2008-03-31 | 37.22% |
| 2007-12-31 | 36.41% |
| 2007-09-30 | 36.83% |
| 2007-06-30 | 35.84% |
| 2007-03-31 | 35.95% |
| 2006-12-31 | 35.54% |
| 2006-09-30 | 35.99% |
| 2006-06-30 | 35.58% |
| 2006-03-31 | 35.74% |
| 2005-12-31 | 35.03% |
| 2005-09-30 | 35.95% |
| 2005-06-30 | 35.83% |
| 2005-03-31 | 35.53% |
| 2004-12-31 | 35.57% |
| 2004-09-30 | 36.14% |
| 2004-06-30 | 35.65% |
| 2004-03-31 | 35.14% |
| 2003-12-31 | 35.61% |
| 2003-09-30 | 35.03% |
| 2003-06-30 | 34.98% |
| 2003-03-31 | 34.95% |
| 2002-12-31 | 35.43% |
| 2002-09-30 | 34.90% |
| 2002-06-30 | 34.46% |
